Kochi-based Abdul Salah and Muhammed Migdad noticed that most restaurants use four to five applications to manage their delivery operations. Lasper Technologies released Foaps in April 2021. With services in Kochi, Calicut, and Trivandrum, the company now takes orders from Zomato, Swiggy, Foodpanda, Amazon Restaurant, and Dunzo. Foaps claims to have processed 300,000 orders since its inception.

New Delhi-based Holisol Logistics, a supply chain logistics company providing end-to-end (E2E) supply chain management solutions, has announced its raise of $3M in a debt financing round led by Northern Arc Capital. From what started as a supply chain management consulting firm, today, Holisol provides E2E solutions due to customer demands for supply chain logistics. The proceeds shall be used for the company’s growth and to increase demand.